Blackline Safety Graduates to Toronto Stock Exchange, Opening Market on June 11
Blackline Safety Corp. (TSX.V: BLN), a global leader of hardware-enabled software as a service (SaaS) technology to industrial markets, today announced the Toronto Stock Exchange (TSX) granted final approval to list its common shares on the TSX when the market opens on Friday, June 11, 2021. Blackline's common shares will commence trading on the TSX, under the ticker symbol BLN. Concurrently, Blackline common shares will be delisted from the TSX Venture Exchange.
Blackline Safety Expands Executive Team, Appoints First Chief Marketing Officer
Blackline Safety Corp. (TSX.V: BLN), a global leader of hardware-enabled software as a service (SaaS) technology, today named Christine Gillies to its new global role of Chief Marketing Officer (CMO). Ms. Gillies will join the company's executive team as it prepares to further accelerate market adoption of its technologies, building upon a 428% revenue growth rate over the past five years and a decade of connecting tens of thousands of employees to their businesses across more than 70 countries.
Blackline Safety Announces New EU Subsidiary, Opening Distribution Facility in France
Blackline Safety Corp. (TSX.V: BLN), a global connected worker technology leader, has formed a new European subsidiary, Blackline Safety Europe SAS. With the establishment of this company, Blackline will operate a new facility in northeast France that will incorporate a distribution warehouse and service centre, and provide efficient access to the European Union.
Blackline Safety drives Q1 revenue up 20% to $10.7M
Blackline Safety Corp. (TSX.V: BLN), a global leader in connected safety technology with a hardware-enabled software-as-a-service (SaaS) business model, announced its sixteenth consecutive quarter of year-over-year revenue growth, achieving $10.7M total revenue for its fiscal quarter ended January 31, 2021. Recurring service revenue grew 23% to $6.8M from $5.6M in the prior year comparable quarter, with product sales, including initial North American G7 EXO sales, increasing by 15% to $3.8M.
North American Caterpillar Dealership, Empire Southwest, Joins Blackline Collective
Blackline Safety Corp. (TSX.V: BLN), a global leader of gas detection and connected safety solutions, welcomes Empire Southwest, a Caterpillar dealership based in Mesa, Arizona, to its Blackline Collective program, a network of individuals and organizations committed to advancing workplace safety and productivity.
Blackline Safety Announces Stock Option Grant
Blackline Safety Corp. (TSXV: BLN) today announced that 595,000 stock options were granted on March 9, 2021 to directors, advisor to the Board of Directors, officers and an employee of the company. The options were assigned an exercise price of $8.00 per share and are exercisable for a period of five years, subject to regulatory approval. These options are granted under Blackline's stock option plan as part of its annual compensation package.
Leading United Kingdom Landfill Service Operator Brings Insight on Data-Driven Gas Detection to Blackline Collective
Blackline Safety Corp. (TSX.V: BLN), a global leader of gas detection and connected safety solutions, today announced that Enovert has joined Blackline Collective. Enovert is one of the United Kingdom's (UK's) leading landfill and waste resource management companies. As the first organisation to officially join the Collective, Enovert shared insight on its data-driven approach to safety and preventing gas exposure among its workforce.
Blackline Safety Diversifies Connected Portfolio Through Acquisition of UK-based Wearable Technologies Ltd.
Blackline Safety Corp. (TSX.V: BLN), a global connected worker technology leader, has acquired Wearable Technologies Ltd. (WTL), based in Leicester, in the United Kingdom, and operating under the brand name of Eleksen. Focused on the construction and light industrial safety market, WTL has developed a complete platform comprised of smart safety clothing, a cloud-connected safety wearable, personal area networking, sensor partnerships, user portal, software infrastructure and data analytics.
Blackline Safety Recurring Revenue Business Model Enables New $15M Financing Facility From National Bank of Canada
Blackline Safety Corp. (TSX.V: BLN), a technology company with recurring revenue and a strong working capital position, today announced the recent closing of a financing facility offer of $15 million with National Bank of Canada. The company worked with the Bank's Technology and Innovation Banking Group, which offers specialized support to fast-growing technology businesses across Canada. This new credit instrument further increases Blackline's financial flexibility beyond its current enhanced capitalized position following the closing of a Brokered Private Placement in September 2020.